Show PROMONTORY ZINC lINC MINES WILL BE I SOLD I American Americ n Smelting Company Corn Com pany pany Offers I for Property OGDEN Oct At 4 4 At a a. m meeting of ot the directors and stockholders of ot the tile Lake Lalta View Mining company company arrangements arrangements arrangements arrange arrange- arrange arrange- ments were practically completed for forthe forthe forthe the acceptance from the American n Smelting and Refining company of I Ian an offer otter of ot for the company's stock Final closing of the deal which will be accomplished w within the next fifteen days Will p to the American Smelting and Refining company all aU the properties and workIngs work work- Ings logs of he the mines together with ac accumulated accumulated ac- ac cumulated ores Two other combinations of ot capital were represented at the meeting and andall andall andall all bid against each other The bid made by the interests successful Inthe in inthe inthe the deal was on the basis of ot per share for the the capital stock Isaac Farr Parr owner of the largest block of ot stock held by the minority stockholders ers last night indicated 1 his consent to sell his holdings at the price of ot offered of offered and m as s he controlled options representing virtually half halt the stock of Jile foie company the deal was then closed The transfer will not not be made for tor two weeks the directors requiring this length of ot time to gather in stock held by Individual holders in small quantities s. S 'S Some me conflict between the larger and smaller stockholders has developed but this say the di directors directors di- di rectors will be settled amicably and the deal concluded as arranged It was made known that a number of Ogden and Salt Lake interests have together come into possession of more than twenty claims adjoinIng adjoinIng adjoining adjoin adjoin- ing the property of the Lak Lakeview view on on n Promontory point and that the closIng closing clos cbs ing of ot the deal for tor the Lakeview property at the enormous sun sum Involved in involved involved In- In will cause cause considerable ex excitement excitement ex- ex II in this region |